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<br />,"..... ." <br />. I) <br />ilo._ '-'.,..I~ <br /> <br />,', <br /> <br />Los Angeles, California <br />December 31, 1953 <br /> <br />Board of Directors <br />The Metropolitan Water District <br />of Southern California <br /> <br />I <br />f <br />I <br />} <br /> <br />Gentlemen: <br /> <br />There is transmitted herewith the report of The Metropolitan <br />Water District of Suuthern California for the fiscal yea,' ending <br />June 30, 195:,. <br /> <br />At the end of this twelfth year of operation the area of the Dis, <br />trict has grown by annexations to 1,130,000 acres from 398,588 in <br />1941, the population of District components has increased from <br />2,100.000 to 4,:342,000, and the tax base or assessed valuation has <br />expanded from $1,900,599,934 to $6.015,554,200, The tax rate has <br />fallen from a maximum of $0,50 in 1945,46 to $0,28 in 1952,53, <br />and deliveries of Colorado River water have risen to 162.308 acre- <br />feet in the last fiscal year, <br /> <br />The District's $52,000,000 expansion program is now well under, <br />way. with $21,000.000 worth of material, and construction work <br />under contract. and $5,500,000 expended un .Tune :,0. 1953, <br /> <br />Very tl'uly yours. <br /> <br />ROBER.T B, DIEMER. <br />Gene/'al ftlm/((f/('.l' u"lId Chief ElIf/i-ueer <br /> <br />\"Ii <br />